Pizza Veloce Term Paper Example | Topics and Well Written Essays - 1250 words

Pizza Veloce - Term Paper Example To provide convenient solutions for ordering and getting different pizzas Products and Services: The main products that will be offered by Pizza Veloce will be the wide variety of pizzas, most which will be based on genuine, Italian recipes that have been used for several centuries. The products will also include side items and other smaller Italian dishes, as well as desserts and drinks that can be served with the foods. The services that will be available by Pizza Veloce will be inclusive of the ways in which the pizza and other food items can be delivered to the home. The first consists of services available online for easy connections and ordering. The second is based on delivery services that are available for those who don’t want to leave their home and are interested in ordering. The third will be in – house services so individuals have the option of a restaurant like atmosphere. Each of these services will be supported by technological structures for fast delive ry and a structure that enhances the making of the pizzas. Organizational Structure: The first part of the structure will be based on different departments and employees that will be able to provide the pizza making services. The first will be a team of employees for making the pizzas. The second will be a team used for the deliveries. There will also be customer service representatives that will be available for the online services and others that will provide in – store services. There will be one manager that overlook all operations at all times, specifically to make sure that there are connections with all deliveries and that workers are effective with the work. The organizational structure will then move into a CEO responsible for overlooking the main components of the operations, a vice president responsible for initiating new developments and a team that overlooks the expansion of the Pizza Veloce. This will consist of an online and offline marketing manager, human resources manager, technology manager and a liaison which will work between the office team and those who are working at the pizza company. Each of the organizational structure components will also consist of supporting technology, specifically which will change the number of employees as well as the needs which are associated with the restaurant. Expected Revenue The expected revenue that comes with the pizza is based on the amount of demand which can grow from the customer expectations. On average, a small pizzeria can expect to make $10,500 to $18,500 per week, if there is continuous demand. However, there are factors to consider with the costs of the pizzeria. For example, the cost of rent is about $8,000 per month. The cost for employees is also an average of $1200 per person per month, with an expected 5 workers per week, which equals $ per month for payment. The technology used as well as the structure is also expected to cost an average of $10,000 to install and $30,000 for yearly maintenance. The profit per year will then be at an average of $180,000 with the expenses averaging $208,000. For the pizzeria to break even, there will need to be three restaurants which open initially, which will increase the profit to $540,000 while maintaining the loss at $544,000. After the second year, the revenue will begin to gain, first by $10,000 because of the installed technology and with the expected increase in profit. There will also be options to expand the chain to continue to gain the profit after

Globalization and Entrepreneurship Essay Example | Topics and Well Written Essays - 3750 words

Globalization and Entrepreneurship - Essay Example As a highly diverse company, 3M Optical's basic strength has been the core values that its has inherited from its mother company. These have served it in good times as well as bad. The sheer diversity of the company as it has traced its journey from mining to manufacturing of various products. The image of a company is a reputable one. It has a high degree of quality owing to its state of the art testing and development lab. Also, it has been known since its founding days, for bringing together the best technicians in the field under one roof. (Bartlett et al, 1999) Further, the company has at its disposable a huge resource base owing to the fact that it is an old company that has been acquiring these resources for the longest time. Other than that, it has a high capacity for production as well as the best brains working on it. The company also works along the principles of creativity - whether in its labs or outside of it. This has been one of the major reasons that have contributed to diversity in its product profile. (Bartlett et al, 1999) 3M is a company that is in strong need of a new image. The lack of the same has taken away from its core marketing values. The company has been so engrossed in founding and establishing new technologies that it has almost let marketing and branding take a backseat. Further, this has led to stagnation as far as growth and sales figures are concerned in the commercial sense. (Bartlett et al, 1999) The company's weaknesses lie in the fact that it needs to match it expansion with appropriate handling of the human capital within the company. This has led to a point where there is no freshness or motivation within the company and among its employees. (Bartlett et al, 1999) There needs to be more focus on the industrial relations practices that are followed within the organization. Owing to the type of products being produced, there is a certain monotonous tone to the activities within the organization. Further, managing corporate entrepreneurship has been an activity that has not been carried out very well in lieu of the expansion that the company is surging towards. This is due to the fact that there are no well structured lines of interaction and communication within the organization to match the growth in activities. (Achrol, 1997) Entrepreneurial Strategy There is a lot that can be done as far as this company is concerned. The CEO has already set the ball rolling with a new focus on shifting the focus towards gaining a competitive foothold in the global marketplace. This has been apparent in the new policies now followed by the company. In addition, a focus on creating a brand identity is a key measure that will